Hamburg-based FinTech startup Flexvelop has raised €44 million in fresh funding to fuel its expansion and solidify its position as a key player in the business equipment financing market. The company, which offers an innovative alternative to traditional leasing and purchasing, plans to use the funds to establish major partnerships with retailers and manufacturers.
The financing includes €40 million in credit lines from refinancing partners and an additional €4 million in equity from existing investors, InnoVentureFonds (IVF) and Seventure Partners.
“We thank all investors and banks for their trust,” said Dr. Hans-Christian Stockfisch, CEO of Flexvelop. “This funding is crucial for our expansion and growth. With this equity increase, we have officially completed our transformation from startup to grown-up.”
Reinventing Business Equipment Financing
Founded in 2018, Flexvelop developed a financing model called ‘Flexing,’ which merges the benefits of renting, leasing, and loans into a single, flexible solution. This fully digital process allows small and medium-sized enterprises (SMEs) to acquire business-critical devices—such as laptops, coffee machines, and medical equipment—immediately without locking up long-term capital. Businesses can purchase or return the equipment at any time, with Flexvelop assuming the investment risk.
Flexvelop’s streamlined approach has resonated with SMEs, growing from serving freelancers to handling large-scale projects involving up to 1,000 devices per company. The company claims its model offers one of the fastest and most cost-effective financing solutions on the market.
Investor Confidence in a High-Demand Market
IVF’s Senior Investment Manager, Stefanie Höhn, highlighted the growing need for alternative financing models in uncertain economic times. “Flexvelop offers an urgently needed financing alternative for SMEs,” she said. “We are convinced the company will play a key role in this space and are excited to continue supporting its growth.”
Julien Cazor, Venture Partner at Seventure Partners, echoed this sentiment: “Flexvelop has proven that its innovative rental model works across Germany—and the potential is far from tapped. As a committed investor, we are eager to support the next phase of growth.”
Scaling Up with a Fresh Identity
Beyond securing capital, Flexvelop is also unveiling a new corporate identity to mark its transition into an established financial platform. A modernized logo, revamped website, and streamlined design reinforce the company’s evolution from a nimble startup to a mature industry player.
“Our rebranding is a logical step to underscore our positioning as the leading rental financing solution for businesses,” Stockfisch concluded.
With fresh funding and a bold new brand, Flexvelop is poised for significant expansion, aiming to redefine how businesses finance their essential equipment.
